Federal Regulation
Get the latest news and insights on regulatory developments affecting financial advisors and the stock market and trading, including news about the SEC, DOL, IRS and the Financial Industry Regulatory Authority.
IRS Issues Payroll Tax Deferral Guidance Amid Widespread Criticism
By Bernice Napach | Melanie WaddellAccounting exec Daniel Morris recommends that employers "don't walk, but run, from this poorly designed program."
August 26, 2020
Why You Should Stay Vigilant About Regulations During the PandemicThe SEC and its state brethren recently have come down on some displaced advisors, so beware.
August 26, 2020
SEC's New Accredited Investor Definition Gets Mixed ResponseSome industry players cheered the expansion, while others said it didn't go far enough.
August 26, 2020
Advisor Allegedly Fast With $2M of Client Funds Makes SEC FuriousMark J. Boucher allegedly created false accounts and said that buying a car with a client's money was "a simple mistake."
August 26, 2020
SEC Expands Accredited Investor Definition"We do not believe wealth should be the sole means of establishing financial sophistication," the SEC said.
August 25, 2020
Pacific Life to DOL: Are You the Rollover Police?Sharon Cheever says that, if DOL does have jurisdiction over rollovers, it should limit the scope of that jurisdiction.
August 25, 2020
Wells Fargo to Pay $7.8M in Back Wages Over Hiring DiscriminationThe decision affects some 34,200 African Americans and 310 women who applied for banking, administrative and other jobs.
August 24, 2020
IRS Provides Tax Relief for California Wildfire VictimsThe news comes as the Golden State faces at least 625 fires statewide being battled by 14,000 firefighters.